{"id":19147,"date":"2024-01-21T17:17:04","date_gmt":"2024-01-21T17:17:04","guid":{"rendered":"https:\/\/thenftimes.com\/index.php\/2024\/01\/21\/ayodhya-can-set-a-template-for-indias-tourism-boost-report-n-f-times\/"},"modified":"2024-01-21T17:17:05","modified_gmt":"2024-01-21T17:17:05","slug":"ayodhya-can-set-a-template-for-indias-tourism-boost-report-n-f-times","status":"publish","type":"post","link":"https:\/\/thenftimes.com\/index.php\/2024\/01\/21\/ayodhya-can-set-a-template-for-indias-tourism-boost-report-n-f-times\/","title":{"rendered":"Ayodhya can set a template for India\u2019s tourism boost: Report &#8211; N.F Times"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p>New Delhi: The grand opening of Ram temple in Ayodhya on January 22 is a big religious event. It also comes with a large economic impact as India gets a new tourist spot which could attract 50 million plus tourists a year, foreign brokerage firm Jefferies said in a report.<\/p>\n<p>A $10 billion makeover (new airport, revamped railway station, township, improved road connectivity etc.) will likely drive a multiplier effect with new hotels and other economic activities. It can also set a template for infra driven growth for tourism.<\/p>\n<p>Ayodhya is a template for India\u2019s tourism boost, the report said $10 billion makeover is now set to transform the ancient city from a sleepy town to a global religious and spiritual tourist hotspot.<\/p>\n<p>The new Ram temple comes up at the cost of $225 million.<\/p>\n<p>Tourism is projected to surge and increased economic and religious migration to Ayodhya, multiple sectors stand to benefit including hotels, airlines, hospitality, FMCG, travel ancillaries, cement, etc.<\/p>\n<p>Significant infra upgrade to facilitate Ayodhya tourism with Phase 1 of a new airport at Ayodhya has become operational at the cost of$175 million and can handle 1 million passengers.<\/p>\n<p>Additional domestic capacity and an international terminal is expected by 2025 with a capacity to handle 6 million passengers. Railway station has been upgraded to double the capacity to 60,000 passengers\/day.<\/p>\n<p>A 1,200 acre greenfield township is being planned and road connectivity being beefed up as well.<\/p>\n<p>Tourism has big potential in India, the report said.<\/p>\n<p>Tourism contributed $194 billion to FY19 (pre-COVID) GDP and is expected to grow at an 8 per cent CAGR to $443 billion by FY33.<\/p>\n<p>Tourism to GDP ratio in India at 6.8 per cent of GDP.<\/p>\n<p>Religious tourism is big in India. Religious tourism is still the biggest segment of tourism in India.<\/p>\n<p>Several popular religious centres attract annual tourist traffic of 10-30 million despite the existing infrastructural bottlenecks.<\/p>\n<p>And hence, the creation of a new religious tourist centre (Ayodhya) with improved connectivity and infrastructure can create a meaningfully large economic impact, the report said.<\/p>\n<p><strong>(IANS)\u00a0<\/strong><\/p>\n<\/p><\/div>\n<p><script>(function(d, s, id) {\n    var js, fjs = d.getElementsByTagName(s)[0];\n    if (d.getElementById(id)) return;\n    js = d.createElement(s); js.id = id;\n    js.src = \"\n    fjs.parentNode.insertBefore(js, fjs);\n  }(document, 'script', 'facebook-jssdk'));<\/script><br \/>\n<br \/>[ad_2]<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] New Delhi: The grand opening of Ram temple in Ayodhya on January 22 is a big religious event. It also comes with a large economic impact as India gets a new tourist spot which could attract 50 million plus tourists a year, foreign brokerage firm Jefferies said in a report. A $10 billion makeover [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22],"tags":[],"class_list":["post-19147","post","type-post","status-publish","format-standard","category-nation"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/posts\/19147","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/comments?post=19147"}],"version-history":[{"count":1,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/posts\/19147\/revisions"}],"predecessor-version":[{"id":19149,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/posts\/19147\/revisions\/19149"}],"wp:attachment":[{"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/media?parent=19147"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/categories?post=19147"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/tags?post=19147"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}